2017-11-15T15:23:21-06:00 2016-12-31 273670123 SCHLISSEL & ASSOCIATES LLC 1164 BISHOP STREET - STE 1612 HONOLULU HI 96813 990 2016-01-01 237302232 POLYNESIAN VOYAGING SOCIETY POLY 8088421101 10 SAND ISLAND PARKWAY HONOLULU HI 96819 CLYDE NAMUO CHIEF FINANCIAL OFFICER 8088421101 2017-11-15 1 ALAN M SCHLISSEL P01451320 8087327232 199.68.252.190 2017-11-15 11:15:15 HS P 439E52BEAE0FEAC8EBC205A10700D498028EBD15 439E52BEAE0FEAC8EBC205A10700D498028EBD15 2016 2021-01-29 14:40:06Z NAINOA THOMPSON 10 SAND ISLAND PARKWAY HONOLULU HI 96819 995269 0 X HTTP://HOKULEA.COM X 1973 HI THE POLYNESIAN VOYAGING SOCIETY HAS LAUNCHED (THROUGH THE RENOVATION OF OUR VOYAGING CANOE, HOKULE'A) SAIL PLANS FOR HAWAI'I-WIDE EDUCATIONAL PROGRAMS/VOYAGES AND A SAIL PLAN FOR A WORLDWIDE VOYAGE. THE PURPOSE OF THE WORLDWIDE VOYAGE IS TO BECOME A CATALYST FOR POSITIVE CHANGE IN HAWAI'I BY CONSTANTLY LEARNING FROM AND NUTURING RELATIONSHIPS WORLDWIDE THAT SHARE THE VALUES AND RESPONSIBILITY OF CARING FOR ISLAND EARTH, HER OCEANS AND CHILDREN, WHILE HONORING OUR HERITAGE AND PERPETUATING OUR CULTURE. 20 17 16 500 0 0 3037918 918853 0 0 5940 2289 97763 69372 3141621 990514 0 0 0 0 955231 1147228 14465 0 37344 1858982 1771939 2828678 2919167 312943 -1928653 4262253 2653343 1653964 1752757 2608289 900586 X FOUNDED ON A LEGACY OF PACIFIC OCEAN EXPLORATION, THE POLYNESIAN VOYAGING SOCIETY SEEKS TO PERPETUATE THE ART AND SCIENCE OF TRADITIONAL POLYNESIAN VOYAGING AND THE SPIRIT OF EXPLORATION THROUGH EXPERIENTIAL EDUCATIONAL PROGRAMS THAT INSPIRE STUDENTS AND THEIR COMMUNITIES TO RESPECT AND CARE FOR THEMSELVES, EACH OTHER, AND THEIR NATURAL AND CULTURAL ENVIRONMENTS. 0 0 2020714 65375 2016 CULMINATED WITH CREW RETURNING THE VOYAGE TO THE PACIFIC OCEAN. THE YEAR WAS EXCITING, COVERING AN ENORMOUS AMOUNT OF ISLAND EARTH. BY THE END OF THE YEAR, PVS HAD SUCCESSFULLY AND SAFELY COMPLETED ALL OF ITS MAJOR PORTS IDENTIFIED IN THE SAIL PLAN FOR 2016 AND LOOKS FORWARD TO RETURNING TO HAWAI'I IN JUNE 2017. LED BY DIVERSE VALUES AND OBJECTIVES, THE MULTI-YEAR VOYAGE CONTINUES TO RAISE AWARENESS, SHARE KNOWLEDGE, AND CELEBRATE ANCIENT AND INDIGENOUS WISDOM AND TRADITIONS. AS THE WWV MAKES ITS WAY HOME, WE TAKE A BREATH, REFLECT, APPLY NEW LESSONS LEARNED, AND CONTINUE TO STUDY AND PLAN FOR THE REMAINING PORTION OF THE PHYSICAL SAIL AS WELL AS REGROUP WITH OUR PARTNERS TO STRATEGIZE AND SOLIDIFY POST WWV PLANS. TO CONTINUE THE VOYAGING TRADITION, WE WILL BUILD ON THE RELATIONSHIPS AND EXPERIENCES FOUND ON ISLAND EARTH TO FURTHER ENHANCE AND SUPPORT THE MALAMA HONUA ACTIONS WITH COLLABORATORS, PARTNERS, AND 'OHANA, THEREBY SUPPORTING THE NEXT GENERATION OF LEARNERS AS THEY EMBARK ON THEIR VOYAGES. 2020714 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 15 0 1 16 0 0 0 0 0 0 0 0 0 X 20 17 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 HI X THE ORGANIZATION 8088421101 10 SAND ISLAND PARKWAY HONOLULU HI 96819 ANN BOTTICELLI DIRECTOR 0.50 X 0 0 0 AUGUST YEE DIRECTOR 0.50 X 0 0 0 BRUCE BLANKENFELD VICE CHAIR 40.00 X X 140081 0 0 BYRON MALLOTT DIRECTOR 0.50 X 0 0 0 CATHERINE FULLER DIRECTOR 0.50 X 0 0 0 CHARLES NAINOA THOMPSON DIRECTOR 40.00 X 173097 0 0 DENNIS FERN TREASURER 0.50 X X 0 0 0 DR BENJAMIN TAMURA DIRECTOR 0.50 X 0 0 0 DR NATHAN WONG DIRECTOR 0.50 X 0 0 0 HARDY SPOEHR DIRECTOR 0.50 X 0 0 0 HARRY HO DIRECTOR 0.50 X 0 0 0 LAURA THOMPSON DIRECTOR 0.50 X 0 0 0 LILIKALA KAME'ELEIHIWA DIRECTOR 0.50 X 0 0 0 MICHAEL CHUN DIRECTOR 0.50 X 0 0 0 MICHAEL CUNNINGHAM SECRETARY 0.50 X X 0 0 0 NEIL HANNAHS CHAIRMAN 0.50 X X 0 0 0 ROBERT WITT DIRECTOR 0.50 X 0 0 0 TIM JOHNS DIRECTOR 0.50 X 0 0 0 WILLIAM ORNELLAS DIRECTOR 0.50 X 0 0 0 WILLIAM TAM DIRECTOR 0.50 X 0 0 0 CLYDE NAMUO CHIEF EXECUTIVE OFFICER 40.00 X 15576 0 0 HEIDI GUTH CHIEF OPERATING OFFICER 40.00 X 101238 0 6563 429992 0 6563 3 0 1 0 OIWI TELEVISION NETWORK 1839 KEEAUMOKU STREET HONOLULU HI 96822 MEDIA AND DOCUMENTARY SERVICES - VIDEO A 429442 1 7735 256627 654491 918853 6286 6286 3997 -3997 -3997 -3997 70130 758 69372 69372 990514 65375 0 6286 X 436555 303549 98816 34190 580479 336177 244302 130194 77265 50037 2892 64241 10419 53822 629344 517459 111623 262 15384 7692 7692 510701 335454 175247 65657 30584 35073 2014 2014 72632 71040 1592 59890 59106 784 SUPPLIES & EQUIPMENT 146467 112641 33826 0 REPAIRS & MAINTENANCE 112558 112558 0 0 WRITE-OFF PLEDGES 25000 25000 0 0 LICENSE FEES & PERMITS 24960 0 24960 0 43091 19756 23335 2919167 2020714 861109 37344 469508 652811 1209953 595869 1153627 0 135598 92819 31164 29776 21211 21405 1637218 376555 1241192 1260663 4262253 2653343 425831 167500 137588 527637 1006682 1008696 83863 48924 1653964 1752757 X 2598290 890587 9999 9999 2608289 900586 4262253 2653343 X -1928653 220950 X X 0 1 X 1 0 X 137513 2752737 3561453 3037918 918853 10408474 137513 2752737 3561453 3037918 918853 10408474 2700420 7708054 6 174 7082 6286 13548 104 6 17776 1228 19114 10441136 661780 0.73820 0.73230 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1637218 376555 1260663 1260663 ACCRUED VACATION 48633 ACCRUED GET 291 48924 X 3765764 2637662 137588 2775250 990514 0 990514 5473467 2637662 2637662 2835805 83362 83362 2919167 PART X, LINE 2: FOOTNOTE TO FINANCIAL STATEMENTS - INCOME TAXES EXEMPTION: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND IS CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION AS DEFINED IN INTERNAL REVENUE CODE SECTION 509(A). THE ORGANIZATION IS ALSO EXEMPT FROM STATE INCOME TAXES UNDER THE HAWAII REVISED STATUTES SECTION 235. IN EVALUATING A TAX POSITION FOR RECOGNITION, THE ORGANIZATION EVALUATES WHETHER IT IS MORE-LIKELY-THAN-NOT THAT A TAX POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTION OF RELATED APPEALS OR LITIGATION PROCESSES, BASED ON THE TECHNICAL MERITS OF THE POSITION. IF THE TAX POSITION MEETS THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD, THE TAX POSITION IS MEASURED AND RECOGNIZED AS THE LARGEST AMOUNT OF TAX BENEFIT THAT, IN MANAGEMENT'S JUDGMENT, IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT. IT IS THE ORGANIZATION'S POLICY TO ACCRUE INTEREST RELATED TO ANY UNRECOGNIZED TAX BENEFITS, AS WELL AS ANY RELATED PENALTIES IN OTHER EXPENSES. THE ORGANIZATION DID NOT RECOGNIZE ANY INTEREST OR PENALTIES ASSOCIATED WITH UNRECOGNIZED TAX BENEFITS DURING THE YEAR ENDED DECEMBER 31, 2016 AND 2015. PART XI, LINE 2D - OTHER ADJUSTMENTS: DEFERRED GRANT REVENUE 137,588. PART XII, LINE 4B - OTHER ADJUSTMENTS: ACCRUED VACATION 83,362. 0 0 0 0 0 0 0 0 0 CHARLES NAINOA THOMPSON DIRECTOR 173097 0 0 0 0 0 0 0 0 0 173097 0 0 0 BRUCE BLANKENFELD OFFICER/DIRECTOR WITH A FAMILY RELATIONSHIP WITH ANOTHER OFFICER/DIRECTOR 140081 PAYMENT OF COMPENSATION TO A FAMILY MEMBER OF A CURRENT OFFICER/DIRECTOR. VICE PRESIDENT BRUCE BLAKENFELD RECEIVED COMPENSATION FOR SERVICES PERFORMED AS AN EMPLOYEE OF THE ORGANIZATION. 0 CHARLES NAINOA THOMPSON OFFICER/DIRECTOR WITH A FAMILY RELATIONSHIP WITH ANOTHER OFFICER/DIRECTOR 173097 PAYMENT OF COMPENSATION TO A FAMILY MEMBER OF A CURRENT OFFICER/DIRECTOR. PRESIDENT CHARLES NAINOA THOMPSON RECEIVED COMPENSATION FOR SERVICES PERFORMED AS AN EMPLOYEE OF THE ORGANIZATION. 0 FORM 990, PART VI, SECTION A, LINE 2 DIRECTOR LAURA THOMPSON AND PRESIDENT NAINOA THOMPSON ARE MOTHER AND SON. PRESIDENT NAINOA THOMPSON AND VICE PRESIDENT BRUCE BLANKENFELD ARE BROTHERS-IN-LAW. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING THE FORM 990 WITH THE INTERNAL REVENUE SERVICE, A COPY OF THE DRAFT FORM 990 IS PROVIDED TO ALL BOARD MEMBERS FOR THEIR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, BOARD MEMBERS ARE REQUIRED TO READ THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AND PROVIDE A SIGNED STATEMENT OF UNDERSTANDING. IF A POTENTIAL CONFLICT OF INTEREST OCCURS, IT IS REVIEWED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 OFFICER COMPENSATION IS APPROVED BY BOARD OF DIRECTORS AS PART OF THE ANNUAL OPERATING BUDGET. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE THROUGH THE STATE OF HAWAII DEPARTMENT OF COMMERCE AND CONSUMER AFFAIRS. THE ORGANIZATION ALSO MAKES GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 14,120. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14,120. PROF FEES - OTHER: PROGRAM SERVICE EXPENSES 52,832. MANAGEMENT AND GENERAL EXPENSES 111,623. FUNDRAISING EXPENSES 262. TOTAL EXPENSES 164,717. PROF FEES - SAIL: PROGRAM SERVICE EXPENSES 450,507. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 450,507. FORM 990, PART XI, LINE 9: DEFERRED REVENUE 137,588. ACCRUED VACATION 83,362. FORM 990, PART XII, LINE 2C: THE OVERSIGHT AND SELECTION OF THE INDEPENDENT AUDITOR IS THE RESPONSIBILITY OF THE BOARD OF DIRECTORS. WRITTEN BIDS FROM VARIOUS CPAS ARE SOLICITED AND THE SELECTION OF THE AUDITOR IS BASED ON THE AUDITOR'S EXPERIENCE IN NONPROFIT FINANCES, REPUTATION AND REASONABLENESS OF THE BID AMOUNT. THE BOARD REVIEWS THE AUDITED FINANCIAL STATEMENTS WITH THE AUDITOR BEFORE APPROVAL. THE OVERSIGHT AND SELECTION PROCESS HAVE NOT CHANGED DURING THE TAX YEAR.